Know How FDI Helps In Insurance

The public sector insurance companies have continued to dominate the insurance market, enjoying over 90 percent of the market share. FDI is the process whereby residents of one country acquire ownership of assets for the purpose of controlling the production, distribution and other activities of a firm in another country. Higher foreign limit in insurance could unlock value, according to a report by Goldman Sachs, a global investment bank, says yahoo.com.

Whether it’s your retirement, marriage or child’s birth, financial planning is necessary at every stage of life. The moment you begin earning, you need to inculcate the habit of financial planning to make the sure…

People have various financial goals and to help achieve them there are a plethora of investment options available in the market. However, this makes it difficult for us to decide where to invest. 1.Public Provident…

Many customers only realise at the time of making a claim that their health insurance policy does not cover certain medical conditions or ailment. Policyholders usually depend on what has been told to them by their insurance…

If the insurer fails to resolve the grievance within the stipulated time, a policyholder can approach the Insurance Regulatory and Development Authority of India (IRDAI) within a year. An insurance policy is bought to secure…

On receiving a renewal notice, do not simply find the ‘click here to renew now’ link. Renewal of health insurance policy is a very important buying decision. Here are three vital points you should keep…

insurance regulator Irdai has launched a web portal for insurers that will allow them to register and sell policies online. The portal — isnp.irda.gov.in — is also open to intermediaries in the insurance business, Irdai said in a circular. Read…

Drunk drivers will have to pay the entire compensation for causing death or injury in a road crash. According to the Motor Vehicles (Amendment) Bill introduced in the Lok Sabha on Friday, insurance companies will…